101-70 Maryland Street: Property Overview
Key Characteristics & Buyer Profile
This 947 sqft home places it in an elite position on Maryland Street—ranked #1 out of 42 properties in the top 2% for living area. In the wider Wolseley neighbourhood, it sits above average (top 23%), while citywide in Winnipeg it lands around average. The assessed value of $198,000 is above average for the street and neighbourhood, but below the citywide median. Built in 1981, it’s newer than most homes on Maryland Street and significantly newer than the typical Wolseley property, where the average build year is 1936.
The appeal here is a home that stands out on its immediate street without being oversized or overpriced relative to the city. It offers a practical, modern footprint in a historic neighbourhood known for its character homes, tree-lined streets, and community feel. Buyers who value being close to the river, parks, and local shops—but want something built more recently with likely updated systems and less maintenance—will find this a grounded option. It suits first-time buyers, downsizers, or anyone looking for a solid, liveable property in a walkable inner-city area without the premium of a fully renovated Victorian.
Five Possible FAQs
1. Why is the assessed value high for the street but average citywide?
Maryland Street has older, smaller homes that generally assess lower. This property’s larger size and newer build push it above that local baseline. Citywide, however, many suburban and newer homes carry higher valuations, so it lands in the middle.
2. How does a 1981 build compare to older Wolseley homes?
Most Wolseley properties were built in the 1930s or earlier. A 1981 home likely has better insulation, updated electrical, and fewer foundation or knob-and-tube concerns. The trade-off is less original character—no high ceilings or crown mouldings typical of the area.
3. Is “elite” street ranking a major selling point?
It matters most if you plan to sell within a few years. On a street where most homes are smaller, your property will stand out to buyers wanting extra space without leaving the block. For daily living, it means more room than neighbours, which can be useful for storage or home office space.
4. What should I look out for in a 1980s home?
Build quality from that era is generally solid, but check for original windows (often single-pane), aging HVAC systems, and possible asbestos in floor tiles or insulation. A home inspection should focus on these areas, though the 1981 date suggests fewer surprises than a 1920s property.
5. How does the property compare to other listings in Wolseley?
It’s slightly larger than average for the neighbourhood and newer than almost everything around it. The assessed value indicates it’s priced in line with similar homes nearby, though you may pay a bit more per square foot than for a fixer-upper Victorian.